5 Sep 2017 12:19
5 September 2017
PROACTIS Holdings PLC
Issue of equity
PROACTIS Holdings PLC ("PROACTIS", the "Group" or the "Company"), the specialist Spend Control software provider, today announces that 75,000 ordinary shares of 10p each in the share capital of the Company ("Ordinary Shares") have been issued and allotted pursuant to the exercise of share options by certain employees.
Application has been made for the 75,000 new Ordinary Shares to be admitted to trading on AIM ("Admission") and dealings are expected to commence on 8 September 2017. The new Ordinary Shares will rank pari passu with the Company's existing Ordinary Shares.
The total number of Ordinary Shares in issue following Admission will be 92,737,789. Accordingly, the figure of 92,737,789 may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in the Company under the FCA's Disclosure and Transparency Rules.
Enquiries:
PROACTIS Holdings PLC | |
Tim Sykes, Chief Financial Officer
| Via Redleaf Communications
|
Redleaf Communications | |
Elisabeth Cowell Sam Modlin | 0207 382 4730 |
finnCap Limited Carl Holmes/Emily Watts - Corporate Finance Stephen Norcross - Corporate Broking | 0207 220 0500
|
Notes to Editors:
PROACTIS creates, sells and maintains specialist software which enables organisations to streamline, control and monitor all internal and external expenditure, other than payroll. PROACTIS is used in approximately 1,000 organisations around the world from the commercial, public and not-for-profit sectors.
PROACTIS is head quartered in London and floated on the AIM market of the London Stock Exchange in June 2006.